Deniz Yalcin, Senior accounting major in the Stillman School of Business, sees the future of transportation as electric. Yalcin opened American Electric Cycle this past summer in Brigantine, NJ – an affluent beach town close to Atlantic City, NJ – that specializes in rentals and sales of electric bicycles and scooters.
An electric bicycle allows one to enjoy the ride and cycle for a longer period – the battery will last up to 120 miles – while still getting exercise. This emerging mode of transportation proved to be a hit with local residents and college students to the sum of over $30,000 in sales in the first three months of operation.
Yalcin commends the University and the Stillman School of Business for the opportunities provided and the tools imparted in him that played a role in launching his entrepreneurial career.
"I would have chosen Seton Hall and the Leadership Program over any Ivy League school. It means the world to me to be a part of this school and this program," said Yalcin.
In addition to being in the Honors Program of The Gerald P. Buccino '63 Center for Leadership Development – recognized as having the #1 certificate program in the country for Leadership/Organizational Development by HR.com – Yalcin is active in the Center for Entrepreneurial Studies.
Susan Scherreik, director of the Center for Entrepreneurial Studies, shared that the Center seeks to instill an entrepreneurial spirit here on campus with Yalcin being one of many students benefiting from those efforts.
"We are very proud of Deniz and his success with his startup company American Electric Cycle. Deniz is among a growing number of Seton Hall University students who are founding companies in their dorm rooms. Their interest in entrepreneurship here reflects our efforts at the Center for Entrepreneurial Studies to instill the entrepreneurial spirit in all of our students and to create an entrepreneurial culture at the Stillman School of Business and throughout the University," said Scherreik.
The Center for Entrepreneurial Studies invites over 50 entrepreneurs to campus annually to speak to students in classes, at Entrepreneurship Club meetings, and other events. The Center also sponsors the $15,000 Pirates Pitch venture competition each year in April. Additionally, it has a robust mentoring program that connects student entrepreneurs with successful alumni entrepreneurs to provide advice, feedback on business ideas, and other mentoring. The Center is especially excited to have just launched an entrepreneurship concentration for undergraduate students in the Stillman School of Business.
Presently, Yalcin is working with Scherreik to develop a business plan to bring a ride-sharing service to the Seton Hall campus where it could serve as a case study for other universities. He hopes to have the plan fully developed by the end of the fall semester.
During his tenure at Seton Hall, Yalcin has secured – with the assistance of The Career Center – an accounting internship with Butterfly Walkers, Inc. and a social media internship with American Entrepreneurship Today.
In addition to the knowledge and guidance received both on campus and through internships, Yalcin repeatedly recognizes that two of his biggest mentors and supporters are his father, Mehmet, and mother, Marzena, both of whom immigrated to the U.S. His father is chief financial officer of All Current Electrical Sales – an electrical product distribution company –, which sparked Yalcin's interest in accounting and business.
"My parents are quite the role models. I'm trying to hustle as hard as I can to make sure I live up to their legacy," said Yalcin.
Post-graduation Yalcin will begin his career with Big 4 accounting firm, Deloitte LLP – a position attained through an interview program with The Career Center. He will also continue in his role at American Electric Cycle with friend and business partner Eric Nabrzeski, working toward an expansion into the Philadelphia market. Additionally, Yalcin will look for ways to give back to Seton Hall as gratitude for the opportunities afforded to him as a student.
For more information on the Stillman School of Business, click here.
To learn more about the Center for Entrepreneurial Studies, click here.
For a description of programs and services offered by The Career Center, click here.